Archive for May, 2011
Now Health International slashes premiums
Now Health International is cutting premiums and making improvements to its group discount structure in response to feedback from the intermediary market. Following negotiations with underwriter AXA, the worldwide medical insurance provider says it has reduced the cost of individual premiums by a minimum of 15% on WorldCare Excel and WorldCare Apex, its two most [...]
Europe on drought alert
Lloyd’s is warning that alarm bells are already ringing across Europe over the potential for widespread water shortages. According to Lloyd’s, 2011 is shaping up to be seriously dry, with officials having already raised concerns in Switzerland, The Netherlands and France, while parts of the UK have seen the driest Spring in more than a [...]
Blue Shield CEO Bruce Bodaken earned $4.6 million last year
Blue Shield, California’s largest nonprofit health insurer, releases the salary data in response to a new state law intended to keep healthcare insurance costs under control. For the first time, California’s largest nonprofit health insurer has released the salaries of its 10 highest-paid executives in response to a new state law intended to keep healthcare [...]
Doubling up policies may raise premiums
Bank customers who claim on insurance provided within packaged current accounts could end up losing their no-claims bonus on other policies. Most paid-for bank accounts now offer consumers some form of home, travel or motor insurance as an add-on in return for the monthly fee charged for the account. But for many customers, this insurance [...]
Health Insurance Plans NJ: Medicaid Overhaul
New Jersey health insurance is undergoing a Medicaid overhaul which may affect thousands of residents. According to the article “NY Health Officials Unveil Medicaid Overhaul” by Josh Lederman on Forbes.com, residents can expect to see some big changes to their Medicaid health plans. New Jersey health officials are working towards tightening the eligibility requirements for [...]